VistaProp · Panama ES

Upper East Tower

Costa del Este, Panama City, Panama · Panama Province

Stage
Completed
Estimated delivery
2023
Country
Panama
Type
Ultra-Luxury Residences

Panama's first LEED Gold-certified residential building. 63 residences of 406–446m².

Open the official 3D tour ↗

Requirements for foreigners in Panama

No restrictions
Same terms as a Panamanian citizen, no local partner or quotas required
Coastal zone
Within 10km of the coast requires a bank trust (the foreigner is the beneficiary)
Purchase tax
Property transfer tax 2% + notary/registration fees 3–5%
Tax benefit
Up to 20-year exemption on the annual property tax for new builds

Source: legalsolutionspanama.com, gruporesidencial.com

See the full guide to investing in Panama →

Frequently asked questions

Where is Upper East Tower?

Upper East Tower is in Costa del Este, Panama City, Panama, Panama.

What stage is Upper East Tower at?

Completed, with estimated delivery in 2023.

Does Upper East Tower have a 3D tour?

Yes — you can walk through it in 3D before it is built, on the developer's official tour.

Can a foreigner buy at Upper East Tower?

It depends on the country and the case. See the general requirements, taxes and closing costs for Panama, with cited sources, and confirm with the developer and a local professional.

Other projects in Panama

Editorial content with cited sources. This is not legal or tax advice. VistaProp does not sell or act as an intermediary. Price, availability, purchase conditions and permits are reported only by the developer: confirm them on its official site before deciding.